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Lloyds extends £500 cashback offer to first-time buyers and homemovers

4th January 2016 Print

Lloyds bank has today extended its existing £500 remortgage cashback offer to include its first-time buyer and homemover range.

From today until 28th February customers choosing a qualifying mortgage with Lloyds Bank will receive £500 cashback on completion of their mortgage.

Lloyds Bank customers can also continue to take advantage of the Lloyds Bank Switcher Service, which offers customers a dedicated mortgage adviser and no charge for the standard valuation and basic legal fees, taking much of the cost and the hassle out of remortgaging. On average, this saves customers around an additional £300.

Andrew Mason, Mortgages Director at Lloyds Bank, said: "We are committed to providing good value through our mortgage offering, and this £500 cashback comes at a time of the year when we all know finances can be particularly stretched.”

Lloyds Bank also rewards customer loyalty by offering exclusive access to rates on a range of products, including mortgages. Any customer with a Club Lloyds current account can receive a mortgage rate discount of 0.20%.